Originally published on Thu November 10, 2011 2:54 pm
Italy crossed into bailout territory today. The interest rate on the country's 10-year bonds, which has gone through the roof in the past few weeks, rose to over 7 percent.
We've seen this story play out before in other European countries.
A country is in debt trouble. Investors demand higher interest rates to lend money to that country. Paying those higher interest rates mean the country will fall even further into debt. So interest rates go up even more.
[The alleged mastermind of the October 2000 bombing of the USS Cole was seen today for the first time in nine years during an arraignment in Guantanamo Bay, Cuba. It's the first test of the Obama administration's revamped rules for military commissions. NPR's Dina Temple-Raston was there.]
When Abd al-Rahim al-Nashiri walked into the Guantanamo courtroom this morning, he was all swagger.
The first birth control clinic in the United States opened in 1916. It was operated by Margaret Sanger, who started the clinic after becoming outraged that she couldn't give her patients — poor women in the tenements on New York City's Lower East Side — information about contraceptive options.
"Sanger [went] to these squalid, crowded homes of these young women bearing many children who are begging her — while giving birth — for information about contraception," says historian Jill Lepore. "And it [was] illegal for her to give them any information."